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these google -- all of these companies which maybe it needs to be a marketing campaign. i don't know. but something i think should be done to change the image of immigrants and make it more positive, and i think that will facilitate everything we're talking about today. so how do you guys think we can maybe change that image of immigrants and make it more positive and not make everybody, when they think of immigrants think of border wars on history channel. >> well, at different times and places, immigrants have been viewed more or less favorably in the united states. this is a nation of immigrants. but when immigration was largely cut off during the 1920's, a lot of americans became somewhat estranged from the immigrant roots of their forebearers. and lost a sense that we were a nation of immigrants. but in some parts of the country today you see the enormous economic vitality it comes with a really diverse and active population that attracts immigrants and kind of zestful necessary they add to a community like those in northern virginia. or southern california or texas
these google -- all of these companies which maybe it needs to be a marketing campaign. i don't know. but something i think should be done to change the image of immigrants and make it more positive, and i think that will facilitate everything we're talking about today. so how do you guys think we can maybe change that image of immigrants and make it more positive and not make everybody, when they think of immigrants think of border wars on history channel. >> well, at different times and...
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google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's within a few dollars, it may be a better purchase for someone to buy it locally or to be able to know that they can get it today if they decide to buy at a physical store." kreuger says some of the most searched gifts for kids this holiday season are leap pad tablets, build-a-bear, and g.i. joe. for adults, searches are up for tablets, laptops and engagement rings. fedex workers serving as santa's little helpers this year will have tough sledding this week. the delivery company expects today will be a record- breaker, with 19 million packages being shipped and delivered. 300,000 employees, plus 20,000 sea
google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's...
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america's international companies put footprints everywhere, and they can choose the microsoft's and googles, where to locate. if they do not enough talent, they will relocate. they are being trained at our universities. oftentimes the case is that they're not going back home. they're just driving north to toronto and looking at places like canada where there is much easier immigration. >> there are people that say that the problem is not that you cannot get the talent in the united states, but that it costs more and that this is about a less expensive alternative. >> no, i do not think that is true. i think it is also worth putting this debate around high skilled workers, particularly stem graduates and advanced degrees, in a broader context. the legislation that senator warner introduced, the startup act, and basically created a stem visa. we had 300 million people in this country. the issue of immigration and more broadly that is hotly debated, and hopefully there'll be some resolution sooner or later, about 11 million undocumented people in this country. the dream act would affect about
america's international companies put footprints everywhere, and they can choose the microsoft's and googles, where to locate. if they do not enough talent, they will relocate. they are being trained at our universities. oftentimes the case is that they're not going back home. they're just driving north to toronto and looking at places like canada where there is much easier immigration. >> there are people that say that the problem is not that you cannot get the talent in the united...
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anywhere, that means america has international companies with footprints everywhere, and microsoft and google and aol can choose where to locate. if they're not getting enough american talent, it will relocate. one last point, many of these younger people are still being trained at our universities. oftentimes, they're not so much going back home, many are just driving north to toronto, canada, where there is a much easier visa system. >> steve, people say the problem is not just that it cannot the talent in the u.s. but that it costs more. that this is about a less- expensive alternative. >> no, i don't think that is true. i think it is also the debate around high skilled workers, particularly stem graduates, advanced degrees, and the broader context. the legislation that senator warner introduced, in a bipartisan way, but basically created a stem visa. there are 50,000 stem visas, but 300 million people in this country. the issue of immigration more broadly hotly debated, about 11 million undocumented people in this country. the dream act that has been proposed would affect about 1 million,
anywhere, that means america has international companies with footprints everywhere, and microsoft and google and aol can choose where to locate. if they're not getting enough american talent, it will relocate. one last point, many of these younger people are still being trained at our universities. oftentimes, they're not so much going back home, many are just driving north to toronto, canada, where there is a much easier visa system. >> steve, people say the problem is not just that it...
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if you google bermuda tax shelter, you probably get google as the top result. >> indeed. well, news today that google is using bermuda to its tax advantage. and in a very big way. the internet giant is steering $10 billion in overseas profits in the islands nation. therefore avoiding about $2 billion in taxes worldwide. guess what, it is all legal. it benefits the company's bottom line. but opens the company up for criticism. let's bring in ben schacter. saying it's the fiduciary duty that google has to their shareholders. while david callahan says such strategies could hurt the brand. great to have you with us. ben, let me get to you today. we'll get into the ethics in a second. but you say it is good for shareholders. >> i think it's what they have to do. it's their fiduciary duty to protect shareholders and pay as low a tax rate as they legally can. and in this case, that is what they're doing. >> but ethically it feels a little dirty, doesn't it? if all these american companies are hiding their revenues elsewhere. >> i think this is what they have to do. they have leg
if you google bermuda tax shelter, you probably get google as the top result. >> indeed. well, news today that google is using bermuda to its tax advantage. and in a very big way. the internet giant is steering $10 billion in overseas profits in the islands nation. therefore avoiding about $2 billion in taxes worldwide. guess what, it is all legal. it benefits the company's bottom line. but opens the company up for criticism. let's bring in ben schacter. saying it's the fiduciary duty...
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but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model as it tries to expand beyond the deal a day business, that's its core business. >> julia, thank you very much. >>> google stashing billions in off-shore accounts to save a few bucks in taxes and what the deal with jc penney? are they having deals or not? we will discuss it more when we come back. stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't n
but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model...
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so i'm in close contact what's going on inside spain's unemployment rate for the new generation the google facebook generation now is fifty percent so even if you go to a good school or even a technical school. it is in spain our stores there's no jobs so the solution for them is to immigrate to south america over here you know any in europe is more complicated have parts of germany which have some of the best standard of living anywhere in the world you have northeastern italy for instance which has a tradition of small premiership you go to a small. construction area. making clothes either gucci styling florence or making food in bali and export all over the world but it is they've been doing that for a thousand years or so and then you compare it to rome maples in southern italy it's a total disgrace they themselves say that they live in africa and in fact so this is the problem is the inequality inside the western capitalist system and this inequality is being reproduced by the chinese like i most of the time i am between those americas north and south europe and china whenever i trave
so i'm in close contact what's going on inside spain's unemployment rate for the new generation the google facebook generation now is fifty percent so even if you go to a good school or even a technical school. it is in spain our stores there's no jobs so the solution for them is to immigrate to south america over here you know any in europe is more complicated have parts of germany which have some of the best standard of living anywhere in the world you have northeastern italy for instance...
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google has nexus 7. iphone and smartphone that google has. they compete on so many different levels but they know when to play fair and play nice and i guess it is in the area of patents of the apple and google according to various reports are teaming up together to buy a pool of 1100 patents we know the bankrupt kodak is selling out there, $500 million is the price tag. the reason they decided to come to their senses and play fair here, play nice is because when they were sitting on opposite ends of the table they were outbidding each other. they said, let's not do this. not spend more money than we have to. parse out which patents we want and play together. and that is exactly what they're doing. david: but their animosities are stronger than their willingness to work together, correct? >> absolutely. this is no cease-fire in any pay, shape or form. google is going at it. couple things coming out from google today. the company is going after a set-top box company, motorola home. talks it will go after that competing with apple. apple tv wil
google has nexus 7. iphone and smartphone that google has. they compete on so many different levels but they know when to play fair and play nice and i guess it is in the area of patents of the apple and google according to various reports are teaming up together to buy a pool of 1100 patents we know the bankrupt kodak is selling out there, $500 million is the price tag. the reason they decided to come to their senses and play fair here, play nice is because when they were sitting on opposite...
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but you do have goldman sachs talking about avalanche basically they can continue to battle against google, the market share that some people have been speculating apple was likely to lose. cheryl: that is a stock to watch for the week and today we will see you in 14 minutes. just talking about the november unemployment rate, dropping 7.7%. 6,000 new jobs added. far better than expectations but behind that number is the fiscal cliff. if congress doesn't act jobless unemployment benefits will go from a 72 week maximum down to 27 weeks. could that force a spike in the jobless rate again for 2013? joining us is todd schoenberger of wells fargo, senior economist. i know you were not thrilled with the numbers that came out today but you also have the issue of unemployment benefits and what that does to the economy. are you worried? >> you bet i am worried. if we leap off of the fiscal cliff you are looking at a minimum of 500,000 jobs eliminated and i am not talking low-wage jobs. i am talking about high five digit to six digit jobs. that will impact the overall economy. not just in the united
but you do have goldman sachs talking about avalanche basically they can continue to battle against google, the market share that some people have been speculating apple was likely to lose. cheryl: that is a stock to watch for the week and today we will see you in 14 minutes. just talking about the november unemployment rate, dropping 7.7%. 6,000 new jobs added. far better than expectations but behind that number is the fiscal cliff. if congress doesn't act jobless unemployment benefits will go...
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google search in the application. if you look for a dry cleaner, search for it, and then find it in the same box. it has a siri-like voice guided turn-by-turn directions, transit schedules, and locations saved on multiple devices. looking for a restaurant, for example, sitting at home, your home computer, when you are on the road, on your cell phone or even when you get to work, you can keep up with the directions anywhere along the way. couple features we are waiting for. no, it's not available on the ipad just yet. waiting for that. there's no integration with contacts so if you have your doctor's address savedded in the contacts, you can't get it seamlessly put in the application just yet, but that's just a matter of time. google share's doing well. we think, probably, because of the release. lots of hype today. connell: up over 700. good to have the turn-by-turn, and turn where you are supposed to be going, another key to this. thank you. >> thanks. connell: a good show last night, the 12-12-12 concert in madison
google search in the application. if you look for a dry cleaner, search for it, and then find it in the same box. it has a siri-like voice guided turn-by-turn directions, transit schedules, and locations saved on multiple devices. looking for a restaurant, for example, sitting at home, your home computer, when you are on the road, on your cell phone or even when you get to work, you can keep up with the directions anywhere along the way. couple features we are waiting for. no, it's not...
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apple and google compete on so many different rounds. but they're actually coming together to co-compete on a bid for the patents that kodak holds. 1100 patents, half a billion dollars. they realize instead of sitting across from each other playing and outbidding one another, we will work together and co-compete for these and work together to get these patents for both of us. something to watch. liz: not all patents are equal. they will start dealing and wheeling. >> it all looks kosher right now, but i'm sure it is not. liz: what about the flash cube patent. dennis, what about you? >> mayor bloomberg could be in for holiday shopping. bloomberg media company may want to buy the financial times. any deal more for prestige and profits. preservation down 30% in four years, 300,000. yet bloomberg is a hungry acquirer. a deal here would give bloomberg 50% ownership of the economy. it could go for a price of $1.6 billion. valuing them at double the price of u.s. print properties on a per point. whether ceo plays on march in the print business.
apple and google compete on so many different rounds. but they're actually coming together to co-compete on a bid for the patents that kodak holds. 1100 patents, half a billion dollars. they realize instead of sitting across from each other playing and outbidding one another, we will work together and co-compete for these and work together to get these patents for both of us. something to watch. liz: not all patents are equal. they will start dealing and wheeling. >> it all looks kosher...
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but google is back on the iphone again. google maps has been heavily criticized. google maps are new and improved with term by term directions. when you guys think? this was the one thing when the new bone came out, he said why did they do that? >> i am still a blackberry girl. what about this google maps. >> one of the disasters was -- they were asking people in australia who wanted to go to a particular city, sending them into the desert. [laughter] they could've had a lot of losses, i don't own an iphone. i do own apple stock. i figure they get it right this time. it's been a huge hit. the stock is down from 700. [talking over each other] [talking over each other] sandra: all right, here's another one. last night at 12 national 12 -- though 12 mccartney played the role of kurt cobain. courtney love was not excited about that. what did you think about this performance? >> kurt cobain is
but google is back on the iphone again. google maps has been heavily criticized. google maps are new and improved with term by term directions. when you guys think? this was the one thing when the new bone came out, he said why did they do that? >> i am still a blackberry girl. what about this google maps. >> one of the disasters was -- they were asking people in australia who wanted to go to a particular city, sending them into the desert. [laughter] they could've had a lot of...
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we're experiencing issue with google services. for he everyone affected we apologize for any convenience you made may be experiencing. we'll post updates to the dashboard. the dashboard gone from ready to green indicating there were service disruptions. now everything seems to be looking good. that is the updated website there. people are really freaking out over this, lori and melissa because the know the service is subscribed to by 425 million people out there. mine was fine and other people's weren't okay. lori: do you buy the end of the world this mayan forecast? melissa: when does it actually happen? lori: the 21st. melissa: i think more likely to happen on 12/12/12. lori: you have power to change it. melissa: things are heating up when it comes to solar, not a good way. many in california are wondering where is all the promised job creation??3 where is all the revenue? fox's william la jeunesse in los angeles with the latest. >> california utilities must get 20% of the their power from renewables. state and federal handouts
we're experiencing issue with google services. for he everyone affected we apologize for any convenience you made may be experiencing. we'll post updates to the dashboard. the dashboard gone from ready to green indicating there were service disruptions. now everything seems to be looking good. that is the updated website there. people are really freaking out over this, lori and melissa because the know the service is subscribed to by 425 million people out there. mine was fine and other...
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about google searches. the top google searchs of 2012? some of these are surprising. number one, whitney houston. beat out hurricane sandy. election 2012. bob's favorite thing to commiserate about. hunger games. and to lin jeremy lin. i still have my jersey. >> bob: who is that? >> eric: basketball player. that's it for us on "the five." thank you for watching. >>> i am greg gutfeld. welcome to "red eye." or as i am known in canada, the ontario open robe. let's go to andy levy for a pre game report. andy, what is coming up on tonight's show? >> way to nail that cold open. our top story, is a white tennis player imitating serena williams racist? why not? everything else is. and would we have a budget deal if women were in charge? women say yes, but men say, football, video games. and in the midst of a contract dispute, flight attendants choose to select lively -- selectively with 408d -- withhold services. greg? >> what is wrong with your left sleeve? >> what is that? >> what is wrong with your left sleeve? >> i don't believe anything is wrong with it. >> i believe som
about google searches. the top google searchs of 2012? some of these are surprising. number one, whitney houston. beat out hurricane sandy. election 2012. bob's favorite thing to commiserate about. hunger games. and to lin jeremy lin. i still have my jersey. >> bob: who is that? >> eric: basketball player. that's it for us on "the five." thank you for watching. >>> i am greg gutfeld. welcome to "red eye." or as i am known in canada, the ontario open...
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the difference between apple and google is they're not public about it. we don't know what they're working on other than these p patent filings. trust me, they're working on big, new, exciting things. even wearable computers. >> let's hope. we haven't seen them though. maybe. >> it just occurred to me, we talk about tim cook versus steve jobs and is the company different and how is it different and all that. is it possible, max, that shareholders think they are still investing in steve jobs' apple rather than tim cook's apple? >> absolutely. >> is that why we've seen this 23% decline in the stock recently as some of that is starting to dawn on them? >> absolutely. i'll do you one better. it's a great question. i think analysts still think they're forecasting and following steve jobs' growth. the bad news is that it's the wrong model. that era has ended. there's lots of exciting things to do. the story is not over. the future is potentially very bright. folks need to move away from maintaining the margin and benchmark everything against steve jobs. the mar
the difference between apple and google is they're not public about it. we don't know what they're working on other than these p patent filings. trust me, they're working on big, new, exciting things. even wearable computers. >> let's hope. we haven't seen them though. maybe. >> it just occurred to me, we talk about tim cook versus steve jobs and is the company different and how is it different and all that. is it possible, max, that shareholders think they are still investing in...
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he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in the voter guide which was sent to all of us. they neglected to mention the rector active portion of it. i think a lot of people were really surprised by that. so many businesses still get started in silicon valley because that is where the talent is. the regulation, state and higher taxes in the state do not matter. will this really start to hurt business formation there, do you think. >> i think that is a great question. it is about a 30% tax increase california has done is almost double the taxable gain great. i feel like california is an amazing place. the sil
he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in...
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writes make a tv in which the sound does not go up for commercials and i'll be the first is a-to-say google will copy apple if they are successful, samit bhatt. now we have scott wapner and "fast money." >>> welcome to "the halftime show." four hours to go until the close. green arrows across the board. 13,041 the dow jones industrial average, all of the major averages in the green. here's what we're following on "halftime" target practice with its prediction for 2012 now within reach, jpmorgan's tom lee on the market's next move. net gain, netflix shares up again as the company rides the halo of its disney deal. where is the next stop? one stock, two opinions in a halftime debate. first our top story the sudden sell-off in shares of apple, after posting its worst trading day in four years, the stock is rebounding but has still lost more than $35 billion in market cap over the past few days. jon fortt is in silicon valley with the latest, the worst performance of three days since 2008. what is the buzz in the valley? >> we've heard multiple theories why the stock has been falling, people se
writes make a tv in which the sound does not go up for commercials and i'll be the first is a-to-say google will copy apple if they are successful, samit bhatt. now we have scott wapner and "fast money." >>> welcome to "the halftime show." four hours to go until the close. green arrows across the board. 13,041 the dow jones industrial average, all of the major averages in the green. here's what we're following on "halftime" target practice with its...
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what's the trade on google, pete? >> i like google, but i still think when you look at yahoo!, one of this things we talked about recently is, how yahoo! is actually starting to steal back some of that search. who are they stealing it from? they are taking some of it from google. i like this yahoo! story right now. i think you have more upside. >> amen. >> all right. >> we talk about it for awhile now. >> we have. we have. >> jane? >> all right, finally, this john mcafee story is right out of hollywood. we need to start casting the movie. one likely candidate is vladic sheybal who played dr. boogalow. but i found the late, great roy shader, seen as bob fossey in "all that jazz." unfortunately, they are both dead. so, casting remains open. i see on the set one person with facial hair and i think -- if pete had a really, really, really hard weekend, monday morning, he could play john mcafee. >> i had a rough one this weekend, as a matter of fact. boy, that was tough. >> little extra time with tequila mocking bird. >> meggings were too tight? >> no meggings here. >> have you hear
what's the trade on google, pete? >> i like google, but i still think when you look at yahoo!, one of this things we talked about recently is, how yahoo! is actually starting to steal back some of that search. who are they stealing it from? they are taking some of it from google. i like this yahoo! story right now. i think you have more upside. >> amen. >> all right. >> we talk about it for awhile now. >> we have. we have. >> jane? >> all right,...
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google unveiling its new map for the iphone after given the boot by apple. who will win this battle? and shares of best buy, moving up by, look at that, nearly 15% today. reports its founder could make a take over offer for that retailer, but is that the best move? my partner, sue herera at the new york stock exchange for us. sue? >> ty, it is a little bit after down side bias today. investors are losing enthusiasm over the fed's move. and more specifically, the employment rate. right now, the dow is down 57 points on the trading session. most of that drop cake after mr. boehner made comments about the continues impasse in trying to resolve the fiscal cliff. s&p down 23, down three quarters percent. and the nasdaq is down about half a percent. bob joins me on the floor of the nyse. the market is very undecided about what is happening in washington. what the feds know that perhaps we don't know. >> we are getting smacked around by these two separate events. the fiscal cliff as well as aftermath of what went on with the fed. i think the fed is still very impor
google unveiling its new map for the iphone after given the boot by apple. who will win this battle? and shares of best buy, moving up by, look at that, nearly 15% today. reports its founder could make a take over offer for that retailer, but is that the best move? my partner, sue herera at the new york stock exchange for us. sue? >> ty, it is a little bit after down side bias today. investors are losing enthusiasm over the fed's move. and more specifically, the employment rate. right...
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she runs google's washington office. she's always been on the cutting edge of things that really matter. let me start off by saying i do not think there is an anti- innovation caucus. i do not think there is anybody who is opposed to innovation. it is a little bit like apple pie or rg3. let me ask you all to describe what we really mean by innovation. what are the two or three priorities we ought to really be talking about? glenn? >> let's start on that side. >> i thought you'd start on that side. >> i go to my right first. >> there are three types of innovation. this is from the business perspective, our world. one is scientific innovation that allows the second innovation which is the technology innovation, to take the underlying discovery and commercialize its, turning it into a product that can be used for consumer customers. what is equally important is how you can then take a discovery, it turned into a technology, and you can deliver it in a way that allows you to build a business that gets you a margin that can s
she runs google's washington office. she's always been on the cutting edge of things that really matter. let me start off by saying i do not think there is an anti- innovation caucus. i do not think there is anybody who is opposed to innovation. it is a little bit like apple pie or rg3. let me ask you all to describe what we really mean by innovation. what are the two or three priorities we ought to really be talking about? glenn? >> let's start on that side. >> i thought you'd...
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and i do believe they're in acquisition target potentially, whether it be for microsoft or comcast or google or potentially an app. >> weiss, what about the risk factors? >> they're meaningless in terms of the fundamentals of the company. all it's going to be is a fine. it's not like there's fraud or anything like that. there's no restatement of earnings or neanything else comg in. balance sheet. just ignore that nuisance. it gets your names in the headlines a little bit more. in terms of the company and the fundamentals, my concern is they're overpaying for content. they're going to have to raise capital next year and i don't think somebody can come in and buy them. >> we'll move on and talk about the market. ross kosterich joins us live from san francisco. ros russ, nice to see you. >> thanks for having me. >> if there's coal in apple's market can santa claus have a rally? >> the stock can move higher without apple but to state the obvious, it's a big chunk. it's certainly going to help if apple participates but i think the reality is apple along with the rest of the stock market is still
and i do believe they're in acquisition target potentially, whether it be for microsoft or comcast or google or potentially an app. >> weiss, what about the risk factors? >> they're meaningless in terms of the fundamentals of the company. all it's going to be is a fine. it's not like there's fraud or anything like that. there's no restatement of earnings or neanything else comg in. balance sheet. just ignore that nuisance. it gets your names in the headlines a little bit more. in...
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i suspect no one has testified by google hangout, a thing i didn't know existed. my thanks to the technical assistants and the policy support of several very capable folks who made this happen. thank you and welcome and we appreciate your repeat testimony before the subcommittee. >> thank you very much, chairman coons and ranking member isakson. on behalf of the national democratic institute, i look forward to the opportunity to address political developments in mali. mali face there's interwoven crises, a humanitarian emergency in the north which affected 450,000 people, political uncertainty in the capital, and a severe food shortage affecting the entire sahara subreregion. if this crisis were allowed to fester, they would have a long-lasting negative impact on mali and west and north africa, particularly countries like niger, mauritania and others which vauvenpo rouse borders. mali's current transition often looks like a three-legged pecktive, buzz of the unclear boundaries between three main actors, the president, the former coup leader sunago who continues to
i suspect no one has testified by google hangout, a thing i didn't know existed. my thanks to the technical assistants and the policy support of several very capable folks who made this happen. thank you and welcome and we appreciate your repeat testimony before the subcommittee. >> thank you very much, chairman coons and ranking member isakson. on behalf of the national democratic institute, i look forward to the opportunity to address political developments in mali. mali face there's...
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neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the government. still at 33 bucks even though it's down after-hours up from the re-ipo after the financial crisis. >> and it's something that will make the ceo very, very happy. the last couple times he's been on this program, he has been campaigning publicly for the government to do just that. he wants them off his balance sheet and off his back. >> it was an unpopular risk to begin with. so brings this all into the era. >> as kayla pointed out, it turned out to be profitable for the country. >> absolutely. >>> in the meantime, death tax would jump. we talk about why it might cost someone'
neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the...
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you would prefer google. make the case, sir. >> well, i think that apple is a company that goes through plod cycles and so, therefore, you've got lumpiness and risk there with each product cycle. as you have other hardware manufacturers like google and like amazon come in and they have other businesses that they could use to fund their kind of break-even foray into hardware, it is going to become more about the software. clearly apple has a formidable platform in itunes but we think longer term google is the winner in terms of its android os, powering cream which we think is the best browser, gmail, the core search product. youtube. this is google's goal, to tie a lasso around its ecosystem of advertising supported products. those revenues for me as an analyst are more predictable and also higher margin. i'd prefer to buy google ten times out of ten. >> microsoft's sitting in the corner right now feeling really lonely and left out. why not microsoft? >> i think longer term, microsoft, windows and win 8 have r
you would prefer google. make the case, sir. >> well, i think that apple is a company that goes through plod cycles and so, therefore, you've got lumpiness and risk there with each product cycle. as you have other hardware manufacturers like google and like amazon come in and they have other businesses that they could use to fund their kind of break-even foray into hardware, it is going to become more about the software. clearly apple has a formidable platform in itunes but we think...
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google is a good example of all three. i was on the board of a company [inaudible] they had about $13 billion in revenue. that revenue came from products that were 120 days below last told. they have to reinvent nearly $13 billion in revenue in 120 days. disk drives are the file drives on any technology you have. the innovation has to curb at all three levels for it to continue to deliver. one of the major reasons these devices are so small a powerful is because of the process. in storage, the rate of change is to double every nine months. you have to think about the company's to stay ahead of the curve. >> do you want to pick up on this? >> not fair. >> i do not know how to innovate. what strikes me about innovation -- richard virus turned into - an understanding of hiv aids. think of the internet -- it turned into the web. there is a myth about americans that we only care about innovation. the founders had innovation in the dna. the articles of confederation required standards of weights and measures. the most undervalue
google is a good example of all three. i was on the board of a company [inaudible] they had about $13 billion in revenue. that revenue came from products that were 120 days below last told. they have to reinvent nearly $13 billion in revenue in 120 days. disk drives are the file drives on any technology you have. the innovation has to curb at all three levels for it to continue to deliver. one of the major reasons these devices are so small a powerful is because of the process. in storage, the...
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google is spending a significant amount of money to see we can do better. what the big frustration is what we talk about education but many of the other social problems that we talked about, when you see that there is such a dramatic technological change and we have not done anything to abandon our educational system. we can see is their ways that we can use these ongoing on-line resources to reach kids and get them to think beyond, to do that type was of things to introduce them to worlds beyond our borders. there are opportunities to shake things up and to cut some of the costs by allowing kids to enter world's and realms of the have never been allowed to enter before through technology and we need to spend more time figuring out how we change that paradigm if we know it. particularly for the pre-k through high-school. how can we learn better based on what we know today? >> let me try two more before we open it up to questions. warren buffett says tax rates do not matter as much as a lot of people pretend when it comes to companies and investment and inno
google is spending a significant amount of money to see we can do better. what the big frustration is what we talk about education but many of the other social problems that we talked about, when you see that there is such a dramatic technological change and we have not done anything to abandon our educational system. we can see is their ways that we can use these ongoing on-line resources to reach kids and get them to think beyond, to do that type was of things to introduce them to worlds...
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up with google's innovation with cloud services, not necessarily in the hardware space. no one makes better hardware than apple. they don't need that engineering, they need software engineering to keep up with google to make cloud searching work. >> apple is going to spend 100 million dollars bringing some mac production to the united states. they're going to build these things in america and they've not done that before. what do you make of it. >> they haven't done it in 20 years and i know apple has been wanting to do this. it's been a thorn in the side of apple. stuart: it's for political reasons? >> it's for political reasons, sure, and the thorn in the side is tim cook to deal with worker conditions. >> no, no, no. >> sure. >> you can't tell me, the chief executive says i'm tired of getting on that plane and going to china. >> and i don't know that he cares about getting on the plane. he's tired of the negative pr. >> right. >> and now to the real point. and it's a drop in the bucket. this is all simply to fight the pr war. by the way he said something interesting,
up with google's innovation with cloud services, not necessarily in the hardware space. no one makes better hardware than apple. they don't need that engineering, they need software engineering to keep up with google to make cloud searching work. >> apple is going to spend 100 million dollars bringing some mac production to the united states. they're going to build these things in america and they've not done that before. what do you make of it. >> they haven't done it in 20 years...
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apple up 31%, google up 9% but that doesn't matter because more recently apple falling 20% and google 6%. which is the better bet longer term? they are in apple. that's what i believe longer term. the right investment is. it does not say that i do not believe google is not a good investment because i do believe that it is. >> harry reid is speaking right now. let's go down to capitol hill. >> -- calling on speaker boehner for tax cuts to the middle class. today senator cornyn, the second ranking democrat in the next congress -- i'm sorry, don't i wish -- the second ranking republican in the next congress -- joined the chorus in calling on speaker boehner to do the reasonable thing. here's what he said. i believe we're going to pass it sooner rather than later. we really don't have much leverage there because those rates -- >> i'll take it back from harry reid while we try and figure out this audio issue that we're clearly having from the majority leader and his comments down in the nation's capitol as the democratic leadership gets its turn, if you will, at the microphone for an updat
apple up 31%, google up 9% but that doesn't matter because more recently apple falling 20% and google 6%. which is the better bet longer term? they are in apple. that's what i believe longer term. the right investment is. it does not say that i do not believe google is not a good investment because i do believe that it is. >> harry reid is speaking right now. let's go down to capitol hill. >> -- calling on speaker boehner for tax cuts to the middle class. today senator cornyn, the...
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. >> top five google searches of the year. including celebrities and a video game. can you with guess? stay with us. abc 7 news >>> we have breaking news in southern california. a police s.w.a.t. team is on cal state fullerton campus searching for a man with a gun. there is no report of a shooting at this point. police were chasing an armed suspect who ran on the campus. that is why they're on campus. we'll keep you posted on developments. no shooting taking place but they do have reports of a man armed with a weapon. >> of course, dan will have more for you on abc 7 news. take a look at this. a river of foam outside levis headquarters today, greenpeace demonstrating what they say is toxic water pollution dumped into mexico rivers by suppliers providing these pictures. today's protest involved nontoxic foam on battery street. now, in response, levis says they're working towards the goal of ending hazardous discharge in all plants by the year 2020. >> it turns out gas smell forcing a shelter in place in three schools today was a false alarm. charlotte wood middle sch
. >> top five google searches of the year. including celebrities and a video game. can you with guess? stay with us. abc 7 news >>> we have breaking news in southern california. a police s.w.a.t. team is on cal state fullerton campus searching for a man with a gun. there is no report of a shooting at this point. police were chasing an armed suspect who ran on the campus. that is why they're on campus. we'll keep you posted on developments. no shooting taking place but they do...
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google thing still going around the market. we read and respected in the tech world, give me a break. it'll never happen. but the stock did move friday on the news. a big move. now what is this stock up to. >> we don't talk about them much. the 12 month clinical trial of an experimental leukemia drug. >> nexen, again, a company we don't talk much about, but what is up to? >> we don't talk about it much because it is canadian. don't know if you hate it canada like you do american. but a big energy company. here is the deal. people got outraged, just like we are facing here. oh, can't let chinese buy our energy property, terrorism, blah blah blah. guess what? they are allowing the deal to go through. other companies are falling because they may impart new rules. saying we don't know if theant prices can by our energy companies. does that sound familiar in any way? >> this is the is the version of -- >> i don't hate canadians. why do you? >> i don't hate canadians. i hate everybody. i'm kidding. >> now getting cheaper by the minut
google thing still going around the market. we read and respected in the tech world, give me a break. it'll never happen. but the stock did move friday on the news. a big move. now what is this stock up to. >> we don't talk about them much. the 12 month clinical trial of an experimental leukemia drug. >> nexen, again, a company we don't talk much about, but what is up to? >> we don't talk about it much because it is canadian. don't know if you hate it canada like you do...
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internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick snider. he's going to be joining us live from the office in the state capitol. don't miss this. liz: dangerously close to going over the cliff. you know the date, december 31st. coming up, exclusively on fox business, former treasury secretary paul o'neill as sides dwindle own spendings, he has what needs to be done to get budget under control, easy ways to cut it and who should carry the burden. david: before the busy hour, what drove the markets with today's data download. stocks pushing up for hopes of a deal in the beltway. all three indexes in the green, hosting the three straight day of gains, s
internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick...
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niikwao akuetteh and joining us live this is our first attempt at live testimony by google [inaudible] i suspect nobody has testified by this, the thing i didn't know existed. so my thanks to the technical assistance and the policy support of several very capable folks who made this happen. dr. fomunyoh you may begin and we appreciate your testimony today >> thank you, chairman to an and ranking member isaacson pivot on behalf of the national democratic institute, have the opportunity to discuss the political developments in mali. today crisis is two-thirds of the country which is humanitarian and has admitted for under 50,000 people. the political uncertainty in the capitol and the severe food shortage that is affecting the entire subregion. if this crisis were allowed to fester, it would have a long-lasting negative impact on mali and in the country's suggest niger with which mali shares very close borders. mali current transition because of the division of power and the influence among the three main actors. the president has given powers on the brokered agreement. as the left powe
niikwao akuetteh and joining us live this is our first attempt at live testimony by google [inaudible] i suspect nobody has testified by this, the thing i didn't know existed. so my thanks to the technical assistance and the policy support of several very capable folks who made this happen. dr. fomunyoh you may begin and we appreciate your testimony today >> thank you, chairman to an and ranking member isaacson pivot on behalf of the national democratic institute, have the opportunity to...
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look at google taking their money to bermuda. look at all the corporations who can't stand to pay 35% income tax in america that won't bring their money home. money goes where it is welcome. >> let me ask you about google. google managed to do tax avoidance, but i is not illegal, by putting money in bermuda and i think they saved $2 billion in tax avoid dance. what efforts are being done by the democrats or the republicans to discourage that type of lawful avoid dance, but nonetheless, a huge amount of money for a very wealthy company? >> i'm not against them doing that. in fact, i compliment them because that money stayed in the private marketplace. but i would say to folks who are doing that, don't come to washington and agitate for higher taxes if you are avoiding taxes. by all means, continue to legally avoid as many taxes as you can because that keeps money in the private marketplace and helps to create jobs. i'm all for that. but don't come at the same time and go tore higher taxes because we need lower >> they don't avoid
look at google taking their money to bermuda. look at all the corporations who can't stand to pay 35% income tax in america that won't bring their money home. money goes where it is welcome. >> let me ask you about google. google managed to do tax avoidance, but i is not illegal, by putting money in bermuda and i think they saved $2 billion in tax avoid dance. what efforts are being done by the democrats or the republicans to discourage that type of lawful avoid dance, but nonetheless, a...
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from all over the tend not to come to this conference with this pompous ass like starbucks and apple google at the moment it's really part of a much larger picture welcome to the world of tax avoidance illegal but morally suspect way companies and the wealthy have been dodging paying their fair share most people argue to discuss these companies do not a very taxation which is a criminal offense but are void taxation basically use existing facilities and legal loopholes in the different regulation and taxation between different countries to their advantage companies like. the head office is based in luxemburg which they claim is the center of the economic operations which is handy as luxembourg so well known in tax haven where companies can enjoy a lower tax rate but hang on a minute here one of amundsen's must've disturb the sense that it is based in the u.k. in fact the reality is that many of our customers to their employees and many will distribute incentives like this while i respect base here in the united kingdom so it's not hard to see that the relatively small luxembourg office is n
from all over the tend not to come to this conference with this pompous ass like starbucks and apple google at the moment it's really part of a much larger picture welcome to the world of tax avoidance illegal but morally suspect way companies and the wealthy have been dodging paying their fair share most people argue to discuss these companies do not a very taxation which is a criminal offense but are void taxation basically use existing facilities and legal loopholes in the different...
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coming up next, the reunion with google that is long overdue. up for the company's biggestke blunder in history. mac's apple maps. >> people were lost without this application. many in different parts of the world getting confused and glitches in the software program. there isn't enough to fix some of it. google unveiling the apple maps today and it is already getting a good reception. it is the top download in the app store. there are public transportation mouse included. it fixes the glitches that many complained about in apple maps. wrong names, misplaced landmarks and incorrect addresses that cost people money and cause them confusion. the apple group, of course, it is for free. this application. but it's not altogether perfect. there isn't an ipod version just yet and also the voice immigration is not as good as other brands. it is only available in english. still to come, also, there is no tie in with the contacts. overall, these glitches are relatively small and simple and people are rejoicing. back to you. tracy: i certainly am. well, ab
coming up next, the reunion with google that is long overdue. up for the company's biggestke blunder in history. mac's apple maps. >> people were lost without this application. many in different parts of the world getting confused and glitches in the software program. there isn't enough to fix some of it. google unveiling the apple maps today and it is already getting a good reception. it is the top download in the app store. there are public transportation mouse included. it fixes the...
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starbucks and amazon and google have been doing is ok's that you say i said there's a difference between tax avoiders and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. also ahead for you this hour security tightens in egypt as law protests new supporters are nothing and so president mohamed morsi are said to confront each other again as the nation ready for a referendum on the job constitution plus. he says well. he won't have no bread. i said way way to maybe one day you mean. he's saying he will never hand and true. blood from having a baby we see if the victims of the usa jennings program have any chance of having their personal tragedies recognize this story and much more after a short break. an artist was arrested for putting up posters critical of drone usage all over new york ci
starbucks and amazon and google have been doing is ok's that you say i said there's a difference between tax avoiders and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. also ahead for you this...
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this has been disrupted by new players like square and paypal and google. the stock has been hit, but our fund manager we talked to think it's been unfairly hit. any time an industry is being disrupted, that's a good opportunity. >> u.s. bancorp? >> this is an old fashioned bank. focuses on deposits and loans and wealth management. none of the other stuff that can get you into trouble. this is one our clients really liked. >> this year dividend plays have been huge. everyone is looking for income. they look to these companies that have a good yield. the two that came through here were ford and, as it happens, our majority owner comcast. >> yes. so ford, you know, the auto recovery story is pretty significant. it's still happening. cars on the road are older. the replacement rate is going to go up. with ford, it has a rock-solid balance sheet. its dividend yield, we think, could go up. comcast is interesting. not because it's the boss' of "closing bell," it has a new revenue stream in nbc universal, which is up 32% in the third quarter because of the olympic
this has been disrupted by new players like square and paypal and google. the stock has been hit, but our fund manager we talked to think it's been unfairly hit. any time an industry is being disrupted, that's a good opportunity. >> u.s. bancorp? >> this is an old fashioned bank. focuses on deposits and loans and wealth management. none of the other stuff that can get you into trouble. this is one our clients really liked. >> this year dividend plays have been huge. everyone...
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every month or every year i google a little bit about some show people are talking about that i don't think you could have ever imagined choosing. because say i i want you to choose honey boo-boo or the show with the dark guy or a certain food channel network. i don't think if i had to predetermine that was my preference i would ever pick them. but the ability to stumble on them or hear people talking about them and let me go into an environment and go dabbling around i sort of like honey boo-boo and now i'm watching that. that is a huge part of the american television experience and i think it is sold short when you get to talking about any time, anywhere, now. i do still think a lot of americans love the enjoyment of escaping and passivity and being able to roam around the tv jungle finding things they didn't know were there. >> michael powell on the future of television tonight on "the communicators" on c-span 2. >> this week, crystal wright, editor and publisher of the internet blog site, conservativeblackchick.com. >> crystal wright, why did you call your blog "conservative black
every month or every year i google a little bit about some show people are talking about that i don't think you could have ever imagined choosing. because say i i want you to choose honey boo-boo or the show with the dark guy or a certain food channel network. i don't think if i had to predetermine that was my preference i would ever pick them. but the ability to stumble on them or hear people talking about them and let me go into an environment and go dabbling around i sort of like honey...
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do you think of that comparison i really don't think there is a comparison i mean look look at the google facebook look at apple compared to sony i mean. america is still an entrepreneurial society look at the legacy car manufacturers which are coming back america apparel industry is recovering america is a dynamic vibrant economy where innovation takes place all the time only in japan japan post the second world war showed what it could do they were innovators they led the world in production engineering and manufacturing but no good manufacturing is nothing special you can find in any country around the world it's been the science of it's been formatted you need a society with creative tensions people prepared to think out of the box and create things in japan this leap walking to oblivion. there's no promotion of young talented people everything is based on age hierarchy they ignore their workforce women now finding women in the boardroom you won't find hardly any women in middle management level are i well mr word for it i appreciate you giving us that perspective because when people
do you think of that comparison i really don't think there is a comparison i mean look look at the google facebook look at apple compared to sony i mean. america is still an entrepreneurial society look at the legacy car manufacturers which are coming back america apparel industry is recovering america is a dynamic vibrant economy where innovation takes place all the time only in japan japan post the second world war showed what it could do they were innovators they led the world in production...
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. - google vice-president, susan molinari. from the american enterprise institute, join us live, 5:30 p.m. eastern also here on c- span. president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
. - google vice-president, susan molinari. from the american enterprise institute, join us live, 5:30 p.m. eastern also here on c- span. president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
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now they're being tracked it was old truck i've been working with google variety. i always knew you were a mall all right let's leave it at that that's all we have time for thank you so much for watching be sure to come back tomorrow and in the meantime you can follow me on twitter you can like our facebook page watch us on you tube or in h.d. on hulu and from everyone here have yourself a great. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then he glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harvey welcome to the big picture. thank. you.
now they're being tracked it was old truck i've been working with google variety. i always knew you were a mall all right let's leave it at that that's all we have time for thank you so much for watching be sure to come back tomorrow and in the meantime you can follow me on twitter you can like our facebook page watch us on you tube or in h.d. on hulu and from everyone here have yourself a great. you know how sometimes you see a story and it seems so for lengthly you think you understand it and...
SFGTV2: San Francisco Government Television
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. >> around the web i googled through me to see what it looked like i saw the big bridge and it looked industrialized. >> there really is love. >> i did. a real place and how you pick the location. i have family in japan and my kids are are in a bilingual program in san francisco that's japanese. >> i bet she speaks japanese better than i do. my kids might not me. >> when i had the gun i knew there was a [inaudible] and i started writing down things and i thought in my mind's eye, i think it looks like this. and it would be like that i had a small village in mind. there was a part in time i thought, i could go back to japan and go there and see how it looked. i had in the book and in my heart what i thought it was, i almost knew that if i had gone back it wouldn't be the same. so i made the conscious choice of not going. now that you tell me this i'm thankful i didn't i think it would have destroyed what i created in my head. i thought places are best when they are imagined. i hesitated naming it after a place where my mom said what did exist. i'm glad i didn't go back. making that con
. >> around the web i googled through me to see what it looked like i saw the big bridge and it looked industrialized. >> there really is love. >> i did. a real place and how you pick the location. i have family in japan and my kids are are in a bilingual program in san francisco that's japanese. >> i bet she speaks japanese better than i do. my kids might not me. >> when i had the gun i knew there was a [inaudible] and i started writing down things and i thought...